2, STRATFORD WAY, BRICKET WOOD, ST ALBANS, AL2 3PB - £775,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 STRATFORD WAY is a large extended detached house of 144m², built sometime between 1991 and 1995. It was last sold for £775,000 in February 2023, which was around 32% below the average February 2023 detached price in the St Albans local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

2 STRATFORD WAY Sold Prices

Land registry data shows two sales for 2 STRATFORD WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the St Albans local authority area for the corresponding sale date. Both of the two 2 STRATFORD WAY sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 16 FEB	£775,000	£1,132,913	32% below HPI
1995 17 MAR	£138,000	£174,539	21% below HPI

2 STRATFORD WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the St Albans local authority area over time, sourced from the HPI. The two 2 STRATFORD WAY sales from March 1995 and February 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 1995 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2023 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 2 STRATFORD WAY?

2 STRATFORD WAY is 144m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the largest 40% of detached houses in Bricket Wood, based on EPC data. The below chart shows the distribution of detached houses by size in Bricket Wood, and where 2 STRATFORD WAY lies on this distribution: 64% of detached houses are smaller than 2 STRATFORD WAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Bricket Wood.

2 STRATFORD WAY: Plot and Title Map

2 STRATFORD WAY sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 2 STRATFORD WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 STRATFORD WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 STRATFORD WAY?

2 STRATFORD WAY is located in BRICKET WOOD, in the AL2 postcode district. The below map shows the position of No. 2 on STRATFORD WAY.